Mr Soft Posted March 18, 2012 Share Posted March 18, 2012 I sold all my assets, maximised my credit, then spent all the money and went bankrupt?...Would my debts be written off? Link to comment Share on other sites More sharing options...
Forumosaurus Posted March 18, 2012 Share Posted March 18, 2012 What would happen if you made a proper thread title? More responses probably. Link to comment Share on other sites More sharing options...
Mrs Overall Posted March 18, 2012 Share Posted March 18, 2012 I sold all my assets, maximised my credit, then spent all the money and went bankrupt?...Would my debts be written off? You'd be skint.. Sorry couldn't resist, aren't there sites on the net that could help you out? Link to comment Share on other sites More sharing options...
andyofborg Posted March 18, 2012 Share Posted March 18, 2012 I sold all my assets, maximised my credit, then spent all the money and went bankrupt?...Would my debts be written off? you should end up here http://en.wikipedia.org/wiki/Debtors%27_prison Link to comment Share on other sites More sharing options...
Mr Soft Posted March 18, 2012 Author Share Posted March 18, 2012 What would happen if you made a proper thread title? More responses probably. I apologise if my thread title immediately only attracted an idiot. Link to comment Share on other sites More sharing options...
Mr Soft Posted March 18, 2012 Author Share Posted March 18, 2012 you should end up here http://en.wikipedia.org/wiki/Debtors%27_prison They do not have debtors prisons any more. Link to comment Share on other sites More sharing options...
laineyiow Posted March 18, 2012 Share Posted March 18, 2012 They do not have debtors prisons any more. No because if they did the government would have to put themselves in it! Link to comment Share on other sites More sharing options...
rubydazzler Posted March 18, 2012 Share Posted March 18, 2012 I apologise if my thread title immediately only attracted an idiot.It's not just him, most people resent being made to waste their time by use of vague thread titles. Personally, if you're just wanting to avoid paying your legitimate creditors, I'd hope that if you did that, you'd end up in the gutter, just as skint, but without any possessions either. Just saying ... ... you little troll! Link to comment Share on other sites More sharing options...
HeadingNorth Posted March 18, 2012 Share Posted March 18, 2012 If you did it deliberately, you might end up charged with fraud. It's not a wise idea to actually plan a bankruptcy. Link to comment Share on other sites More sharing options...
cgksheff Posted March 18, 2012 Share Posted March 18, 2012 You may have to be prepared to live with a Bankruptcy Restriction Order: http://www.my-iva-adviser.co.uk/what-is-a-bankruptcy-restriction-order-bro Link to comment Share on other sites More sharing options...
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